Constellium divests Chinese joint venture as part of Vision 2028 strategy
Constellium has sold its ownership stake in its automotive structures joint venture in Changchun, China, along with its partner, to a Chinese automotive holding company. The Changchun facility manufactures aluminium crash management systems and other structural components for the Chinese automotive...
Gulf aluminium producers accelerate overseas acquisitions amid geopolitical and supply chain risks
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
Grow with
AL Circle
Sapa in Indian acquisition
...Sapa Profiles India is to buy the aluminium extrusion business of Alufit (India) based in Kuppam, Bangalore, India. The plant, which was built in 2009, is an integrated one-press extrusion facility with both powder coating and anodizing capabilities...
Alcoa Takes Minority Stake in Electronic Recyclers International
...Alcoa (NYSE: AA), the world's leading aluminum producer, announced that it has become a minority investor in Electronic Recyclers International (ERI), the largest U.S. recycler of electronics waste...
Alcoa Acquires Full Ownership of Carbothermic Smelting Technology
...Alcoa (NYSE:AA) today announced that it has finalized a deal with ORKLA ASA to acquire full ownership of the technology associated with the carbothermic aluminum production process, previously jointly owned by the companies...
Alcan fallout crushes Sir Rod
...Rio Tinto might be back on top of its game but the fallout from its disastrous $US38 billion acquisition of Canadian aluminium group Alcan in 2007 is still claiming victims, this time at the highest level...
Vale concludes sale of metals assets to Hydro
...Bnamericas reported that Vale has concluded the sale of its stakes in bauxite, alumina and aluminum assets in Brazil to Norsk Hydro...
Vale concludes sale of metals assets to Hydro
...Bnamericas reported that Vale has concluded the sale of its stakes in bauxite, alumina and aluminum assets in Brazil to Norsk Hydro...
Vale concludes sale of metals assets to Hydro
...Bnamericas reported that Vale has concluded the sale of its stakes in bauxite, alumina and aluminum assets in Brazil to Norsk Hydro...
Pressure mounts on Rusal over Norilsk stake
...A report that Russia's Sual partners may sell their 15.8% stake in RUSAL add to pressure on the aluminum giant to divest its minority holding in Norilsk Nickel...
Vale Completes $5.27 Billion Alumina, Bauxite Sale to Hydro
...Vale acquired 22 percent, or $3.5 billion, of Hydro’s outstanding shares, and received $503 million in cash for the assets, Vale said in a statement today. Vale also transferred “off-take rights and outstanding commercial contracts” and net debt of $655 million to Hydro, according to the...
Vale Completes $5.27 Billion Alumina, Bauxite Sale to Hydro
...Vale acquired 22 percent, or $3.5 billion, of Hydro’s outstanding shares, and received $503 million in cash for the assets, Vale said in a statement today. Vale also transferred “off-take rights and outstanding commercial contracts” and net debt of $655 million to Hydro, according to the...
RusAl should consider Norilsk offer seriously - Mr Vekselberg
...Mr Viktor Vekselberg chairman and shareholder of the world's largest aluminum producer RusAl said that a USD 12.8 billion offer for RusAl's 25% stake in Russia's largest nickel maker Norilsk Nickel is worth serious discussion...
Russia's Sual could sell 15.8 pct RUSAL stake -report
...Russia's Sual partners could sell their 15.8 percent stake in aluminium firm RUSAL , Moscow's Vedomosti daily reported on Monday, citing two sources...
AMG acquires aluminium alloy producer
...KB Alloys (KBA) is the North American market leader in the production of aluminium master alloys and grain refiners, while AMG, through its Advanced Materials division subsidiary London & Scandinavian Metallurgical Co Limited, is the market leader in Europe and South America for aluminium master...
Manaksia management may split businesses among family members
...Manaksia Ltd, Asia’s largest maker of container caps, could be carved up under a succession plan. Lines have been drawn to demarcate management responsibilities within the extended Agrawal family, which controls Manaksia with a 59% stake...
AMG : acquires aluminum master alloy producer KB Alloys, LLC
...AMG Advanced Metallurgical Group N.V. ("AMG," EURONEXT AMSTERDAM: "AMG") has acquired 100% of the LLC interests of KB Alloys, LLC ("KBA") from CHS Capital LLC for $23.5 million in cash. KBA is the North American market leader in the production of aluminium master alloys and grain refiners...
Mr Prokhorov backs USD 13 billion Norilsk stake sale
...Reuters reported that Russian metals tycoon Mr Mikhail Prokhorov supported the offer the Russian mining giant Norilsk Nickel made to buy out 20% share from aluminum giant RUSAL for USD 12.8 billion...
Hydro Studies Acquisitions AMAG after Buying $4.9 billion of assets from Vale
...Norsk Hydro ASA, the Norwegian aluminum company buying $4.9 billion of assets from Vale SA, is studying other acquisitions and has Austria Metall GmbH on its “radar,” according to its chief executive officer...
Hydro Studies Acquisitions AMAG after Buying $4.9 billion of assets from Vale
...Norsk Hydro ASA, the Norwegian aluminum company buying $4.9 billion of assets from Vale SA, is studying other acquisitions and has Austria Metall GmbH on its “radar,” according to its chief executive officer...
